§ 18–3102
Statutes in effect as of October 1, 2026.
Md. Code Ann., Educ. § 18-3102 (2026)
Title 18. Student Financial Assistance
Subtitle 31. Montgomery County Student Loan Refinancing Authority
§ 18–3102LinkCopy Citation
(a)
Before Montgomery County may establish the Montgomery County Student Loan Refinancing Authority, the county shall:
(1)
Study aspects of implementing the Authority in accordance with State and county law, including:
(i)
Performing a feasibility and demand study;
(ii)
Assessing the potential benefit to recruitment and retention of county and school system employees; and
(iii)
Studying the operation of similar programs in other systems, including operating costs;
(2)
Hold public hearings; and
(3)
Provide an opportunity for public comment.
(b)
If Montgomery County decides to establish the Authority as authorized in § 18–3101 of this subtitle, the county’s governing body must pass an ordinance that creates the Authority in accordance with this subtitle.